Assignment Of Contract/interest Template
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1ASSIGNMENT OF CONTRACT/INTEREST
(Assignor) hereby assigns, transfers, sells the Contract/Interest,
whether written or verbal in the property located at
in
the
City of
, State of
to
(Assignee). The assignment fee of $
is to
be paid from proceeds at closing.
(Assignor) has negotiated a
purchase price on the above referenced property of $
which is an “as is/where is”
price with no warranties or guarantees. Adding the assignment fee of $
,
the
assignees total purchase price is $
plus any inspection fees, repairs, due
diligence, and/or closing costs. In addition to the assignment fee, the assignee shall reimburse
assignor the deposit amount of $
which has already been paid by assignor.
This assignment is made with no warranties, guarantees, or claims to condition of property, size,
title, or present or future value of property and it is the assignees responsibility to perform their own
due diligence before closing. This assignment shall survive the closing.
The undersigned agrees that they have the full authority to execute this document personally and
for any organization they represent or will represent. By signing, you agree that you have read,
understand and have the full power and authority to enter into this legal agreement. If you do not
understand this document, please seek legal council prior to signing. The undersigned acknowledges
receipt of a copy of this document.
Witness
Assignor
Date
Witness
Assignor
Date
Witness
Assignor
Date
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Parent category: Business